Despite recent political events, the world does look at Australia with a high degree of certainty and an expectation of stability. It is these traits that continue to see foreign investment into Australia soar to record levels. Whilst there was some concern surrounding the period of the GFC, Australia conducted itself in such a manner as to prove that it was worthy of significant foreign investment. Our banking and property sectors proved to be highly resilient, a fact not lost on many throughout the world.
Read the Full Article
In 2012 The National Property Research Company was asked by Construction Skills Queensland (CSQ) and the Urban Development Institute of Australia (UDIA) to undertake one of the most in depth studies of the Queensland construction and property industries ever completed.
Read the Full Article
Yesterday’s lending finance data released today shows that finance for owner occupier housing has turned the corner and continues to grow. The seasonally adjusted estimates place the increase at 1.3% over December which is a great result in what is typically a quiet time of the year.
Read the Full Article
NPR Co. has taken some time to see how well our retailers faired over the holiday period. The latest ABS retail trade figures show that turnover across Australia increased 0.9% in January, seasonally adjusted. The major contributors to such a strong result were the “other” retailing category with growth of 2.6% and household goods with a 1.3% uplift.
Read the Full Article
The land sales market for 2012 has proven to be extremely
difficult for every major developer in Queensland. A recent survey undertaken by The National
Property Research Co. demonstrated that only one firm of the 13 surveyed
actually made budget in terms of their sales forecasts from January to
December. The next closest was a 13%
shortfall through to a whopping 50% shortfall.
Read the Full Article
There is a general reluctance to call the bottom or the top of the market. Putting oneself out there and saying that we have turned the corner is the potential equivalent of lighting a match in a room full of gun powder, particularly when Europe smoulders away in the background.
Read the Full Article
